Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) Sets New 52-Week High – Should You Buy?

Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $202.19 and last traded at $202.06, with a volume of 223999 shares changing hands. The stock had previously closed at $200.18.

Consumer Discretionary Select Sector SPDR Fund Stock Up 0.3 %

The firm’s fifty day moving average is $193.20 and its 200 day moving average is $184.53.

Institutional Trading of Consumer Discretionary Select Sector SPDR Fund

Several hedge funds have recently added to or reduced their stakes in the business. CHICAGO TRUST Co NA raised its position in shares of Consumer Discretionary Select Sector SPDR Fund by 2.2% during the third quarter. CHICAGO TRUST Co NA now owns 2,498 shares of the exchange traded fund’s stock valued at $501,000 after buying an additional 54 shares during the last quarter. InTrack Investment Management Inc lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 3.0% during the 2nd quarter. InTrack Investment Management Inc now owns 1,867 shares of the exchange traded fund’s stock worth $341,000 after acquiring an additional 55 shares during the period. Insight Advisors LLC PA lifted its holdings in shares of Consumer Discretionary Select Sector SPDR Fund by 1.8% during the 2nd quarter. Insight Advisors LLC PA now owns 3,122 shares of the exchange traded fund’s stock worth $570,000 after acquiring an additional 55 shares during the period. Hurlow Wealth Management Group Inc. increased its stake in Consumer Discretionary Select Sector SPDR Fund by 4.4% in the third quarter. Hurlow Wealth Management Group Inc. now owns 1,295 shares of the exchange traded fund’s stock valued at $259,000 after acquiring an additional 55 shares during the period. Finally, Frank Rimerman Advisors LLC increased its stake in Consumer Discretionary Select Sector SPDR Fund by 0.9% in the third quarter. Frank Rimerman Advisors LLC now owns 6,124 shares of the exchange traded fund’s stock valued at $1,227,000 after acquiring an additional 55 shares during the period. Institutional investors own 69.93% of the company’s stock.

Consumer Discretionary Select Sector SPDR Fund Company Profile

Consumer Discretionary Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the Index). The Index includes companies from the following industries, media; retail (specialty, multiline, Internet and catalog); hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure equipment and products; and diversified consumer services.